Lennar Corporation (LEN): Today's Featured Materials & Construction Loser
(
) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction loser. The industry as a whole closed the day up 0.5%. By the end of trading, Lennar Corporation fell 15 cents (-0.5%) to $28.26 on average volume. Throughout the day, 8.3 million shares of Lennar Corporation exchanged hands as compared to its average daily volume of 6.9 million shares. The stock ranged in price between $27.66-$29 after having opened the day at $28.49 as compared to the previous trading day's close of $28.41. Other company's within the Materials & Construction industry that declined today were:
Continental Materials Corporation
(
), down 5.8%,
(
), down 3.4%,
Perma-Fix Environmental Services
(
), down 2.5%, and
(
), down 2.4%.
Lennar Corporation, together with its subsidiaries, engages in homebuilding, financial services, and real estate businesses in the United States. Lennar Corporation has a market cap of $4.36 billion and is part of the
sector. The company has a P/E ratio of 65.7, below the average materials & construction industry P/E ratio of 67.3 and above the S&P 500 P/E ratio of 17.7. Shares are up 44.6% year to date as of the close of trading on Wednesday. Currently there are eight analysts that rate Lennar Corporation a buy, no analysts rate it a sell, and seven rate it a hold.
TheStreet Ratings rates Lennar Corporation as a
. The company's strengths can be seen in multiple areas, such as its revenue growth and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, disappointing return on equity and weak operating cash flow.
- You can view the full Lennar Ratings Report.
On the positive front,
(
), up 5.2%,
(
), up 4.4%,
(
), up 4.2%, and
(
), up 4.2%, were all gainers within the materials & construction industry with
(
) being today's featured materials & construction industry winner.
- Use our materials & construction section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider
(
) while those bearish on the materials & construction industry could consider
ProShares Short Basic Materials Fd
(
).
- Find other investment ideas from our top rated ETFs lists.
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